Goldman Sachs Loves Millennials and Engineers

  • Solomon ‘loves Millennials’ for their work ethic, passion
  • A quarter of bank’s employees are engineers, Schwartz says

Goldman Co-COO on Markets, Fed Policy and Europe

Lock
This article is for subscribers only.

Goldman Sachs Group Inc.’s two presidents laid out the firm’s new look: a Millennial majority, an increasingly diverse group of analysts coming from more schools and a growing proportion of engineers.

About 50 percent to 60 percent of the company’s workforce is 30 or younger, David Solomon, who shares the president and chief operating officer titles with Harvey Schwartz, said Tuesday at a conference in Washington. Schwartz, in a podcast last week, said more than a quarter of the firm’s staff are engineers, a number “that’s likely to keep growing.”